The latest draft of EU securitization rules would ban securitization of loans where borrowers certified their own income, raising concerns about banks’ ability to unload roughly $1 trillion of nonperformers.

Banks may need to find $30 billion to $50 billion of additional capital to support new European units in the aftermath of a hard Brexit, and some smaller firms may abandon their operations on the Continent altogether as profitability plunges, according to Oliver Wyman Inc.

JPMorgan Chase CEO Jamie Dimon said European Union officials could force London-based firms to move substantially more employees abroad than planned if they demand additional banking operations be performed inside the bloc.

Andreas Dombret, the head of banking supervision for the German central bank, talks with American Banker's John Heltman about the need for international cooperation, how blockchain changes regulation, and the difference between the German and U.S. banking systems.